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April 8, 2014
16:58 EDTFLSFlowserve receives multiple orders for the Lichterfelde Cogeneration Power Plant
Flowserve announced it received multiple orders for key pumping systems for the Lichterfelde Cogeneration Power Plant. The orders were booked in the Q1. Located in Germany, the 300-megawatt plant replaces an old coal plant. Cogeneration power plants use natural gas as a fuel and have an efficiency level almost double that of a comparable coal fired plant, resulting in significantly reduced emission levels. In addition, Flowserve will also provide the pumps for the district heating process.
News For FLS From The Last 14 Days
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July 25, 2014
10:02 EDTFLSOn The Fly: Analyst Upgrade Summary
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08:21 EDTFLSFlowserve upgraded to Buy from Hold at Maxim
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July 24, 2014
09:20 EDTFLSFlowserve weakness a buying opportunity, says Cowen
Cowen expects shares of Flowserve to be weak following in-line Q2 results but they would use the weakness as a buying opportunity. The firm said Flowserve's order growth was not primarily driven by large projects, which leaves large project potential ahead of them. The firm has an Outperform rating with an $89 price target on the stock.
July 23, 2014
16:22 EDTFLSFlowserve reaffirms 2014 EPS outlook $3.65-$4.00, consensus $3.91
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16:22 EDTFLSFlowserve reports Q2 EPS 90c, consensus 93c
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